Interactive map shows how where you live affects earnings - Entrepreneur Generations

Brookings Institution map; click on the image to enlarge it or click here to see the interactive version.

A new economic analysis--with an interactive map--from the Brookings Institution breaks down how where you live affects your earnings, based on factors such as occupation, income tax levels, age, and cost of living. Metro areas, unsurprisingly, tend to have higher incomes than non-metro areas, with few exceptions.

The analysis also examines "some of the reasons why places have such different labor markets. When a place seems too good to be true (i.e., with high wages across the board and low cost of living), what could account for its seeming advantage over the rest of the country?" Lauren Bauwe, Audrey Breitwieser, Ryan Nunn and Jay Shambaugh report for Brookings. Economists consider such factors as part of what influences a worker's choice of where to live.

from The Rural Blog https://ift.tt/2KWYeAh Interactive map shows how where you live affects earnings - Entrepreneur Generations

Posted by Entrepreneur Generations

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